Odebrecht, LyondellBasell to seal Braskem deal by mid-Oct -paper

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BRASILIA, July 10 (Reuters) - Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday.

By then, state-controlled oil company Petróleo Brasileiro SA will decide whether to include its own stake in Braskem in the deal, clearing the way for the transaction to be submitted to regulators, according to Valor.